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Venezuela's CPI Picks Up Pace in January

Consumer Prices Jump 3.3% Compared With Prior Month

By

Ezequiel Minaya

Feb. 11, 2014 7:47 p.m. ET

CARACAS—Venezuela's notoriously fast-rising consumer prices picked up speed in January, jumping 3.3% compared with the previous month, according to a statement posted Tuesday on the central bank's website.

The monthly climb was higher than the 2.2% posted in December and the same as January of 2013. Inflation spanning the 12 months ending in January remained relatively unchanged at 56.3%, up slightly from the 56.2% registered in December and by far the highest rate in the region.